Jul 30, 2026 – 8.00pmCenturia Bass agreed to refinance debts owed by Bathla only three months before the loans began to sour, and despite several warning signs that the major Sydney developer was becoming increasingly troubled.While Centuria Bass, part of the broader Centuria Capital funds management and real estate empire, had been lending to Bathla for three years, it agreed in December to refinance a large loan for a 339-apartment project in Sydney’s west. But that facility became troubled in March, according to people close to the business who requested anonymity.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Centuria Bass loans to battling Bathla soured in three months
Leaked documents show that the private credit fund had advertised the investment opportunity as “de-risked” shortly before the facility became troubled.
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